Galp Energia SGPS (GLPEY) to Release Earnings on Monday

Key Points

• Galp Energia SGPS is set to release its earnings report on October 27th, with analysts predicting an EPS of $0.18 for the quarter.
• The company previously reported an EPS of $0.24 for the last quarter, surpassing estimates by $0.08 with a revenue of $5.77 billion.
• Galp recently declared a dividend of $0.0821 per share, resulting in a dividend yield of 179.0% and a payout ratio of 22.54%.

Galp Energia SGPS (OTCMKTS:GLPEY - Get Free Report) is expected to be announcing its results before the market opens on Monday, October 27th. Analysts expect the company to announce earnings of $0.18 per share for the quarter.

Galp Energia SGPS (OTCMKTS:GLPEY - Get Free Report) last announced its quarterly earnings results on Monday, July 21st. The energy company reported $0.24 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.16 by $0.08. The business had revenue of $5.77 billion during the quarter, compared to the consensus estimate of $3.83 billion. Galp Energia SGPS had a net margin of 4.79% and a return on equity of 18.15%. On average, analysts expect Galp Energia SGPS to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Galp Energia SGPS Stock Performance

Shares of GLPEY opened at $9.31 on Monday. The company has a 50-day simple moving average of $9.47 and a 200-day simple moving average of $8.85. The company has a quick ratio of 1.32, a current ratio of 1.64 and a debt-to-equity ratio of 0.59. The company has a market capitalization of $12.95 billion, a PE ratio of 13.11 and a beta of 0.30. Galp Energia SGPS has a 52-week low of $6.76 and a 52-week high of $10.11.

Galp Energia SGPS Cuts Dividend

The business also recently declared a dividend, which was paid on Tuesday, September 2nd. Stockholders of record on Monday, August 18th were issued a $0.0821 dividend. This represents a dividend yield of 179.0%. The ex-dividend date was Friday, August 15th. Galp Energia SGPS's dividend payout ratio (DPR) is currently 22.54%.

Galp Energia SGPS Company Profile

Galp Energia, SGPS, SA operates as an integrated energy operator in Portugal and internationally. The company operates through four segments: Upstream, Industrial & Midstream, Commercial, and Renewables and New Business. The Upstream segment engages in the exploration, development, and production of hydrocarbons primarily in Brazil, Mozambique, Namibia, and Angola.

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